Tag Archives: COVID-19

Stay informed on COVID-19

Keep informed on COVID-19

It’s difficult to believe that just a few months ago COVID-19 was a term that no one knew. Now, COVID-19 or Coronavirus seems to be all the world is talking about. According to the World Health Organisation, there are currently over 3 million internationally confirmed cases of this virus, with over 20,000 of those being…

Housing alliance seeks permission to restart building works

A housing alliance which is building affordable homes is getting a site ready to reopen next week, despite not having permission to re-start work from the State Housing Agency. The Ó Cualann Cohousing Alliance has said they want to re-open their construction site in Ballymun in Dublin, but the development is not on the list of 35…

Central Bank: SMEs will need up to €5.7 billion in funding to weather coronavirus storm

The Central Bank has said that small and medium-sized businesses will need up to €5.7 billion in emergency cash as a result of the Coronavirus lockdown to cover costs. The deputy governor of the Central Bank, Ed Sibley, said that SMEs have a really important role to play in the Irish economy, both socially and…

Business and consumer sentiment sink in April

A new survey shows that with the country more or less in full lockdown, job losses soaring and incomes under pressure, consumer and business confidence both sank in April. The Bank of Ireland Economic Pulse came in at 34.3 in April, the lowest reading in its history. The index, which combines the results of the…

Oil heads for steep weekly slide after coronavirus turmoil

Oil prices were broadly steady today but were headed for their third weekly loss as production shutdowns failed to keep pace with sliding demand due to the coronavirus crisis. Brent crude was up 18 cents, or 0.84%, to $21.51 so far today, having risen 5% yesterday, while US oil was steady at $16.50 a barrel,…

EU wants trillion euro coronavirus recovery plan agreed within two weeks

EU leaders have set a target of two weeks to reach agreement on a trillion euro plus recovery plan for countries stricken by the coronavirus pandemic. This follows a four hour video conference today. The plan will involve leveraging the EU’s one trillion euro seven year budget in order to provide loans and grants to the…

Is COVID -19 affecting your small business ?

Keep your Irish small business running during the COVID-19 pandemic with this list of important resources

Our website has compiled a toolkit from various local and international institutions and organizations to help you find what you need: Latest updates: Keep track of COVID-19 updates on cases and modeling data per county. Revenue created measures to assist SMEs with regards to taxation and subsidies, helping taxpayers and agents to comply with tax…

Over one million now dependent on State income support

Over one million people are now either fully or partially dependent on the State for income support, according to the latest figures from the Department of Employment Affairs and Social Protection. 584,000 people are now receiving the Covid-19 Pandemic Unemployment Payment introduced just over a month ago. The latest figures indicate that 50,000 of those…

Land prices fell by 6% last year as experts warn of negative Covid-19 impact

The price of agricultural land dropped by 6% last year, according to the latest review from the Society of Chartered Surveyors and Teagasc. The average price for an acre of land nationally was €8,823 in 2019, down from €9,346 in 2018. Munster recorded the biggest yearly fall in selling price at 9%, while selling prices…

Fuel prices are falling while everyone’s at home

The price of a litre of fuel has fallen significantly in recent weeks. However, with personal movement restricted to within a two kilometre radius of everyone’s home, the benefit of the price reduction is not being felt by many, other than those who need to carry out essential work. Why are prices falling and how…